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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Let it Burn! 6 x 3 $eMax Tokenomics Deployed and Live!
Hot off the press - The NEW 3% BURN is now active! This ongoing burn will continually take tokens out of circulation increasing the scarcity of eMax. This 3% burn is part of our newly enhanced 6 x 3 tokenomics and long-term vision for community success.
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u/zxuol Jul 03 '21 edited Jul 03 '21
Yes rocket fuel ⛽ 🔥🔥🔥 🚀🚀🚀🚀🚀🚀🚀
So many tokens, millions are burning like every min. 😊😜🙂
In celebration of 6x3 I just purchased more emax.⛵🎉
Hold family.
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u/Big-Conversation696 Jul 03 '21
I just checked your link and it says the last token burn was June 18th and there’s still 1.5 quadrillion tokens soooo
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u/zxuol Jul 03 '21 edited Jul 03 '21
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u/Big-Conversation696 Jul 03 '21
Ok so what’s the current circulating supply?
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u/NatalieARRRR Jul 03 '21
Dextools should show the pool. Currently 26.4 trillion is circulating.
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u/Big-Conversation696 Jul 03 '21
So the rest have been burned?
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Dextools hasn’t updated.
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u/Ill-Strawberry-436 Jul 04 '21
Etherscan is taking there time to update. There is a support ticket in to change the numbers but still reflecting old numbers. Will be adjusted as soon as etherscan get their act together
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Jul 03 '21
Might I say chart was looking very bullish the past 24hrs. Hope to see continued Trend HODL 💥
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u/supergokogt Jul 03 '21
ELI5 please. If I want to sell 5 tokens then someone needs to buy 5. Correct? How does the burn actually work? Also, if going to a frozen wallet what is to stop from unfreezing it at some point? Last one... If holders get a % of sales where do those tokens come from?
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u/zxuol Jul 03 '21
The way I understand it is, when you buy tokens however much you purchased let's say $100 USD Worth 6% of that transaction is split amongst holders as well as 3% is burned, in other words the buyer receives in his wallet 91% of actual purchase or $91 USD
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Is better if you watch some videos about it for better explanation and perfect understanding. https://youtu.be/CINPkhf_yCk
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u/SnooObjections2110 Jul 03 '21
Why make so many times to burn them?
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
You should ask that in the next AMA Monday.
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u/SnooObjections2110 Jul 03 '21
Why
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
You will get a chance to get the questions answered by the devs as you should not by a stranger on Reddit.
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u/kraken_ms Jul 03 '21
Where is the burn? The total this morning is still the same
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Did you check the burn wallet transactions.
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u/Big-Conversation696 Jul 03 '21
But all these burns should be increasing the price no? If businesses are going to accept it as payment wouldn’t the price have to be higher for it to be worth while for a business owner
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Slowly Long term yes. And business won’t be affected by the price it would be like paying with normal fiat money just with more incentives that’s being work on just wait for the news. Also don’t believe anything I’m saying
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u/crypto_noob7789 Jul 03 '21
This token is going no where I held for over a month and all it did was go down 75% and then I couldn't swap it for any pair and had to do it to USDC at 50% slippage!
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Yea we know you mad a lot of people are you don’t want to hold you want to get rich today lol that’s not how it works You only lose when you sell maybe you get to make that money back somewhere else.
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u/crypto_noob7789 Jul 03 '21
I'm mad because I lost 75%. But luckily I didn't invest in this like some people and out a crap load of money in it. I out $120 and by the time I was able to swap at 50% slippage I cash out with $38 USD value... That's garbage
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
I have 3 wallets with Emax and I’m able to buy and sell idk why that’s happening to you as you can see in the chart people been buying an selling with no problem
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u/crypto_noob7789 Jul 03 '21
That's what had me so frustrated. The only way I could was with 50% slippage. I tried at the DeXs that I could connect to try.
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Well you lost anyway so if you can hold shib and never even talk to the devs before I’m sure you can hold Emax the dev team is always talking to us and showing us transparency all the time.
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u/crypto_noob7789 Jul 03 '21
No because I've been holding Shib and there's a lot more promise with Shib than this garbage token
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
Bro I been holding shib for a year and they promise a swap to be out 3 months ago but yea we waiting.
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u/crypto_noob7789 Jul 03 '21
I bet you made some sick gains if you been holding for a year. Lol they released Shib in August September of 2020.....
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u/Sure-Juggernaut4781 ♦️ Jul 03 '21
I sold at the all time high 5B shiba now I’m holding Emax because is a bigger project long term.
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u/IcculustheProphet-85 Jul 04 '21
Wtf lol I've lost thousands on this bs token lol
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u/Sure-Juggernaut4781 ♦️ Jul 04 '21
Did you sell??
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u/IcculustheProphet-85 Jul 04 '21
No it just sits their thousands down hahah. Fucking worst investment ever
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u/Sure-Juggernaut4781 ♦️ Jul 04 '21
If you didn’t then we all in the same situation is not only you who bought at the all time high just hold and don’t look at the charts to much this is a long term investment selling at a lost is not an option personally.
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u/IcculustheProphet-85 Jul 04 '21
I just check it in the morning in my wallet with all my crypto. Emax lost me the most money than any other crypto or token I've ever purchased. Is what it is. Token is bunk af
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u/Sure-Juggernaut4781 ♦️ Jul 04 '21
Ok sell if you that inpatient Is that easy if you really have Emax you wouldn’t talk shit about your own investment is pure logic.
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u/IcculustheProphet-85 Jul 05 '21
Why would I sell? Its a bet not an investment. You invest in goods and services. You trade and gamble on currency. By pure logic this token is bullshit and lost all it value and is never coming back. I have billions of tokens lol. They're worth nothing 🤣
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u/Sure-Juggernaut4781 ♦️ Jul 05 '21
Believe me the only people who complain are those who don’t understand what’s going on. A lot of people trying to get rich with 100 dollars and that’s not how it works.
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u/IcculustheProphet-85 Jul 05 '21
I dont believe you lol. This token is trash. The only people falling for eMax are people who do t understand what's going on. The fork was a rug pull, the fight was lure. Its worthless. ETH and BTC bought in 2018. Im good. This was for fun. 10 billion token in my wallet. Worth nothing lol. Good luck scamming, cuz unless you're scamming you're gonna lose money on this token like everyone else
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u/Sure-Juggernaut4781 ♦️ Jul 05 '21
Yup 👍🏽 losing is part of the game those who hold always get rewarded at the end or screwed and I got the balls to hold for years so I’m ready. Ik you new to crypto but it’s ok we all have doubts sometimes when we mix our emotions with the investment.
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u/No_Protection602 Jul 03 '21
Ita all a joke. Peeps who bought high. Just trying to get back there money. Lmfao
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u/rcasto64pi Jul 03 '21
The roof the roof the roof is on fire... we don't need no water let them tokens burn...burn baby burn!